As of October, 2017.
Nielsen, the data analytics company that tracks US entertainment consumption, reveals in its just-released
annual Music 360 report that
radio is still the number-one way people are discovering new music. What’s more, the group’s Radio’s All Dimension Audience Research reports also shows the percentage of Americans aged 12 and older listening to broadcast radio on a weekly basis has
stayed relatively steady from 1970 to today.
Clearly radio, Probably mostly FM is still a very popular entertainment format.
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But there are many more ways today to listen to these stations in our home than through a stereo receiver. Now I'm listening to WCSX from Detroit MI through a website on my laptop feeding a Bluetooth speaker using it's analog jack. In the garage or on the backyard deck I'll use it's Bluetooth option with my Android phone.
Most folks want surround sound for their families to enjoy their HDTV's. So a very popular option for them is the AVR. Although their FM tuners are generally not up to the average vintage stereo receiver's, The FM tuner section of both my Onkyo 575x and new Yamaha RX-A770 are more than up to the task for the average consumer.
For those who don't want the complexity or clutter of a room full of speakers and sub's used with a AVR, And at the same time want better sound for TV watching, Bluetooth sound bars and sound bases a fine choice. They can listen to radio through the FM tuner in some smartphones, or from internet radio stations.
That doesn't leave much room for Stereo receiver's. Yet, Surprisingly there still making and selling plenty of them.